ALTANA acquires specialty coatings business from Henkel

09-Aug-2013 - Germany

Altana has acquired the specialty coatings business of Henkel. The products are sold under the brand names MiraFoil and Miracure and are mainly supplied to the packaging industry in North America. The business generated sales of around 15 million USD in 2012. Within the ALTANA group the business will be integrated into ACTEGA Kelstar Inc. in the U.S. and into ACTEGA Terra GmbH in Germany, both belonging to the ACTEGA Coatings & Sealants division. “By acquiring the specialty coatings business of Henkel we are continuing to execute our North American growth strategy consistently and focus on innovative specialty chemicals,” CEO of ALTANA AG, Dr. Matthias L. Wolfgruber, said.

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